Provident Fund
I have some questions about the Provident Fund.
Do you have complete control and access to it? More specifically, are you able to direct the monies to different funds/investments?
When during the year is the company "match" put in the account? Specifically, what is the scheduled distribution of the money?
If you can't direct where this money goes, is it going to be a simple vested amount?
When I become vested after 7 years, can I withdraw the money and reinvest it elsewhere without big brother (IRS) getting their chunk?
Do I have to wait till I leave the company to get my money?
I am reading all the posts on the status of the company and am trying to make an informed decision on coming to work here. Any info would be greatly appreciated.
G